Where are the cats?! Who took the cats out?
Oh, wait, yeessh i see now, it's not Caturday yet, just feels like it should be. Long week.
"SoDead"
4 Likes | 1 Share | 0 Comments
Lee Wheaton
"SoDead"
Lee's Feed
"SoDead"
Fiat currencies eventually return to their intrinsic value, zero.
As with life* expectancy, the longevity of reserve currency may lengthen over time.
However, time is not on our side. The U.S. dollar has had a nice run as the reserve currency of the world. That run is definitely coming to an end. Exactly how it happens will be most interesting. Perhaps even unique, given the state of world currencies today.
*Life Expectancy
Pre-Industrial Era (1500s - 1700s) = 30 to 35 years
Industrial Revolution & Public… See More
Health Era (1800s - early 1900s) = 40 to 50 years
Modern Medical Era (mid-1900s - 2026) = 80 to 83 years
2 Likes | 0 Shares | 0 Comments
"SoDead"
Stacker’s Prime Directive – Never buy precious metals above spot.
7 Golden Rules for Precious Metals Stackers
1. Build a cash reserve before you buy the first ounce. Save up 6 months of expenses.
2. First fifty ounces to be the most boring silver on the market. Lowest or no premium.
3. After fifty ounces, buy one tube of Eagles. In USA, Eagles = emergency liquidity.
4. At 100 ounces start the fractional layer (constitutional/junk silver).
5. At 150 ounces, add gold. Silver = accumulation.… See More
Gold = preservation.
6. Know the seller you plan to buy from. Investigate and research before spending $.
7. Build the system before the metal, not the other way around. System = safe storage, insurance rider, inventory spreadsheet, sell side plan.
Bonus Accumulation Points
Open a stand-alone bank account to be used solely for electronic fund transfers when purchasing precious metals, crypto currencies, gemstones, and similar items.
Never violate the prime directive. Never buy on credit. Always know the ASW of coins.
4 Likes | 1 Share | 0 Comments
"SoDead"
Caught the dip. Barely. The low point only lasted a half minute, and my seller refreshes ask every minute! The seller's refresh missed the absolute low and started spiking before i realized that the seller's ask was only going to hit the leading and trailing edges of it.
4 Likes | 2 Shares | 0 Comments
"SoDead"
Moments ago, i decided that i must get a photo of one of my favorite clouds.
6 Likes | 2 Shares | 0 Comments